The Dow rose 65 points, closing at 16,699. Volume was light on the rally, coming in at 93 percent of its 10 day average. There were 192 new highs and only 17 new lows. It appears that market is nearing completion of wave 3 up. The reason I feel this way is because of the […]

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The Dow rose 69 points, closing at 16,675. Volume was moderate on the rally, coming in at 99 percent of its 10 day average. There were 226 new highs and only 19 new lows. It appears that market has broken out of its trading range and wave 3 up is underway. I’m riding the train. Next […]